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Mabel
Mabel O. is a seamstress and also sells tailoring materials. She is requesting a loan amount of $625 (N90,000) to purchase more tailoring materials to sell. It will help to boost her income to take care of her family, and also improve her delivery times to her customers. She is 52-years-old and is married with six children. Her husband is a civil servant who does not receive a salary from the government. She is from Edo State, Nigeria.

Additional Information

Important Information

The Kiva Field Partner in Nigeria who administers this loan is called the Lift Above Poverty Organization (LAPO). Kiva’s Staff wants to call your attention to the fact that LAPO is the subject of controversy. While all Kiva Field Partners charge an interest rate on loans to sustainably operate, LAPO’s interest rates (see their “Portfolio Yield”) and profitability (see their “Return on Assets”) are amongst the highest on Kiva. Kiva’s Staff encourages you to learn more about this Nigerian Field Partner before making this loan. http://www.kiva.org/partners/20

About Nigeria

  • $6,100
    Average annual income
  • 28
    View loans »
    Nigeria Loans Fundraising
  • $6,002,400
    Funds lent in using Kiva
  • 147.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mabel to purchase more tailoring materials to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 20, 2009
Listed
Feb 10, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009